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Crops, Markets, Pulses, Weather

Pulse weekly outlook: Fababeans staying on field

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MarketsFarm — As other crops make their way into the bin, fababeans across the Prairies are lagging behind. “They’re further behind this year because they were later going in,” said Dale McManus, a broker with Johnston Grains at Welwyn, Sask. Saskatchewan grows over half of Canada’s fababeans, and most are grown around the Yorkton area,
Livestock Markets, Markets

Cattle prices strong heading into autumn

Fed cattle prices remain slightly depressed

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Feeder cattle prices have recovered to levels seen this time last year, due largely to strong demand for cattle coming off the grass. “Last week, we were steady to five cents per pound higher when compared to last year,” said Brian Perillat, senior analyst at Canfax in Calgary. “Calf and feeder markets are doing well,
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Chinese buying, crop doubts push soy to two-year high

CBOT corn recoups some losses from previous day

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Chicago | Reuters — Increasing Chinese demand lifted U.S. soybean futures to their highest prices in more than two years on Friday, while corn futures rose on concerns about U.S. crop damage from adverse weather. The U.S. Department of Agriculture said private exporters sold 318,000 tonnes of U.S. soybeans to China and 175,000 tonnes of
(File photo)
Crops, Markets

Feed weekly outlook: Prices gain strength

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MarketsFarm — Harvest activity in the western Canadian Prairies had depressed feed grain prices at the end of August, but prices have recovered slightly. “There’s been a bit of a break in harvest activity,” Allen Pirness of Market Place Commodities in Lethbridge said. Producers in southern Alberta had been harvesting barley at the end of
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Pulses

Pulse weekly outlook: Large Canadian crops expected

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MarketsFarm — Canada will have grown a record-large pea crop in 2020 and possibly the second-largest lentil crop ever, according to preliminary estimates from Statistics Canada, released Monday. Using satellite imagery and model-based yield estimates, the government agency pegged the 2020-21 Canadian field pea crop at 4.996 million tonnes. That would be a new record
A producer in west-central Manitoba moves bales earlier this year.
News

Improvements relative when it comes to hay yield

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FORAGE Hay yields are up compared to last year, but many areas are still a long way from ‘good’

Manitoba is seeing its best hay year in two years, but given how dismal yields were in 2018 and 2019, that’s a low bar. Poor growing conditions both last year and the year before had pastures fall short of production, hay yields in areas dropping to half or less of normal and dugouts drying. Producers
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Crops, Markets

Feed weekly outlook: Grain prices soften into fall

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MarketsFarm — Old-crop feed grain prices are converging with new-crop and coming under some seasonal pressure. “As we get closer to new crop, we’ve been seeing the switch to new-crop prices from old-crop,” said Erin Harakal, a senior trader with Agfinity in Lethbridge. Feed barley prices are around $195-$200 per tonne delivered in the Lethbridge
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Crops, Markets

Pulse weekly outlook: Harvest activity pressures lentils

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MarketsFarm — With harvest activity beginning across most of the Prairies, pulse prices are experiencing typical harvest pressure. About 20 per cent of the lentil crop has been harvested in Saskatchewan, according to the province’s crop report from Thursday. The west-central region lagged furthest behind the province’s average rate, with just seven per cent of

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